Author Archive

REALTORS’® 6-Month Outlook Index Tracks Existing Home Sales

Every month, NAR conducts the REALTORS® Confidence Index Survey to gather real estate information for the Confidence Index.  The RCI-Six-Month Outlook Index   tracks/predicts the level of existing home sales three months in advance (i.e.: REALTORS®  are excellent forecasters!). For...

REALTORS® Expect Modest Price Growth in Next 12 Months

With rising inventory  and modest expectations of demand growth,  REALTORS®  responding  to the  October 2014 survey expected home prices to increase modestly in the next 12 months, according to data gathered from the October 2014 REALTORS® Confidence Index Survey:...

REALTORS® Reported Distressed Sales at 10 Percent of Market in September 2014

With rising home values and fewer foreclosures, the share of distressed sales to existing home sales continued to decline, according to data from the September 2014 REALTORS® Confidence Index Survey:  http://www.realtor.org/reports/realtors-confidence-index In September 2014, distressed sales accounted for 10...

REALTORS®: Six-Month Single Family Home Outlook “Moderate”

REALTORS’® confidence about the outlook for the next six months for single-family homes is still generally “moderate” in many states, according to the September  REALTORS® Confidence Index Survey:  http://www.realtor.org/reports/realtors-confidence-index . The graphs below show a measure of REALTORS’® confidence...

Unemployment Insurance Claims Fall to Lowest in 14 Years

Initial claims for unemployment insurance filed in the week ended October 11 dropped to 287,000, the lowest since April 2000. This puts the 4-week moving average to 283,500, also the lowest since June 2000. A number that is below...